The Haas School will dedicate the Barbara and Gerson Bakar Faculty Building
on Monday, October 29 in the Bank of America Forum. The ceremony
will celebrate Haas and honor Barbara and Gerson Bakar, BS 48, for their
generosity towards the school.

All faculty, staff, and students are invited to attend the ceremony,
which will take place from 12:30 p.m. to 1:15 p.m. Light refreshments
will be served following the dedication. The dress will be business
casual.

Berkeley MBA Jumps to #4 in Beyond Grey Pinstripes Survey

The Full-time Berkeley MBA Program jumped seven places from #11 in 2005
to #4 in the world in the 2007 Beyond Grey Pinstripes survey, published
by the Aspen Institute on October 10. Among US schools, Haas ranked #3.

The Beyond Grey Pinstripes survey aims to capture business schools'
abilities to integrate social and environmental management into their
teaching and research. The ranking equally weighs four areas of the business
school experience.

Haas ranked as follows in these four areas:

- #1 in course content that explicitly addresses the role of mainstream
business in improving social and environmental conditions;
- #4 in student opportunity to take such courses
- #5 in faculty research that explores these topics and has been published
in one of 94 academic journals selected by Aspen Institute; and
- #32 for student exposure, which measures teaching hours dedicated
to social and environmental management and the proportion of the student
body taking such courses.

MFE Internship Salaries Up 12% above Last Year

Sixty-four Master's in Financial Engineering (MFE) students began their
winter break internships last Monday, earning an average monthly salary
of $8,157, up 12% above last year.

All MFE students seeking internships have been placed and will work
through the 10- to 12-week MFE winter break, from mid-October to mid-January.
The students have taken on challenging roles in active equity research,
credit modeling, credit derivatives, fixed income structuring, derivatives
trading, portfolio management and pricing, foreign exchange option desk,
and hedging strategies. Thirty are working in New York, seventeen are
working in the San Francisco Bay Area, four in London, and nine in Asia.

Linda Kreitzman, executive director of the MFE Program, and MFE Account
Manager Nebil Gali oversee the placement process, ensuring the right match
between students and companies and working to bring new firms into the
program.

"Wall Street firms and other firms around the world look forward
to the fall because of the significant contributions our students make
during their internships," Kreitzman says. "Because we have
a reputation for being able to source outstanding and well-rounded candidates
in a short timeframe, the demand for Haas MFE candidates is stronger than
ever."

Strong Job Market Greets MBA Class of 2007

A strong job market greeted members of the Berkeley MBA class of 2007,
with more than 95% of them securing positions within three months of graduation,
according to MBA Career Center data released on October 1, 2007.

Average starting salaries are up again this year over last year, with
a mean base salary of $101,859 and a median of $100,000. A large percentage
of students also received substantial signing bonuses, of $20,272 on average.

Top functions for the 2007 graduates include finance (36%), marketing
and product management (23%), consulting (18%), and general management
(18%). Top industries include technology (28%), financial services (23%),
and consulting (18%).

Berkeley MBA Students and Haas School Faculty Create Center for Environmental Innovation

A team of Berkeley MBA students have partnered with Haas School professors
to create the Center for Energy & Environmental Innovation (CEEI),
a new cross-disciplinary center promoting viable global energy solutions.

Created through the Management of Technology program, CEEI serves as
a bridge between the Berkeley Energy & Resources Collaborative, the
College of Engineering, the School of Law, the Goldman School of Public
Policy, the College of Natural Resources, Lawrence Berkeley National Laboratory,
the department of Molecular and Cell Biology, the College of Chemistry,
the College of Environmental Design, the Energy and Resources Group and
the proposed Energy Biosciences Institute.

"The idea is to make Berkeley the premier institution for graduate
students and faculty members who are interested in studying energy commercialization
issues," says Haas Associate Professor Catherine Wolfram, who is
the co-executive director of CEEI.

The center evolved out of the Berkeley Energy & Resources Collaborative
(BERC), a two-year-old campus club formed to help students gain experience
in the energy sector through career services, real-world project opportunities,
and support for student innovation. BERC membership quickly grew to over
400, spurring its Berkeley MBA founders to seek funding and faculty guidance
to establish a sustainable energy academic program.

"The students wanted to make an impact right away by accelerating
the solutions from the lab and research spaces into the public and private
sectors where the results could be realized," says Jit
Bhattacharya, MBA 08, who participated in the launch of CEEI. "Energy
is very much an interdisciplinary field and the center will foster collaboration
between the various organizations at Berkeley that are studying energy
solutions."

Last March, the MBA students were awarded $4,000 in the "Bears
Breaking Boundaries," a competition in which students submit solutions
for a broad range of global issues, including science policy and clean
energy, to establish a sustainable energy academic program. The center
opened in September and is focused on developing the next generation of
energy leaders, increasing collaboration between energy disciplines around
campus, and accelerating the commercialization of clean energy technologies.

Research Spotlight: Asking the Boss for a Raise

Waiting until your boss is in a good mood to ask for a raise may be
a popular strategy, but what if the boss knows you know she is
a good mood?

Eduardo Andrade, an assistant professor of marketing, and Teck-Hua Ho,
the William Halford Jr. Family Professor of Marketing, recently examined
this question in an experiment at Berkeley's XLab.

The pair found evidence that employees are more likely to ask for a
raise if their boss's mood is good. However, that behavior changes substantially
if the boss knows that the employee is aware that the boss is
in a good mood, the researchers discovered. They outlined their results
in an article titled "How is the Boss's Mood Today? I Want a Raise," in
the August issue of Psychological Science.

"We were actually surprised by how much participants did take into
account other people's feelings before making a move," Andrade
said.

In their experiments, Andrade and Ho divided 122 students into two groups -- "proposers" and "receivers" -- and
asked them to decide how to share a small amount of money with each other.

Proposers, whose role was equivalent to an employee asking for a raise,
got to suggest how to divide the pot: either split it in half 50%-50%
or keep 75% and give just 25% to their matched receiver. Receivers, whose
role was equivalent to the boss, got to decide the size of the pot, any
amount between $0 -- fully rejecting the offer -- and
$1 -- fully accepting the offer.

Before making their choice, proposers were told whether their matched
receiver watched a film clip that made them either happy or angry.

When proposers knew their receiver watched a funny sitcom, nearly 70%
had the confidence to propose an "unfair" offer (keeping 75%
of the money). The percentage dropped to 52% when proposers knew their
partner had watched an angry clip prior to the game. However, when proposers
were told that their receiver knew the proposer was aware of
the receiver's mood, the percentage of unfair offers to receivers who
had watched a happy clip fell significantly -- to 55%. That was about
the same as the percentage of unfair offers to receivers who watched an
angry clip.

Translating their findings to the workplace, Ho explains: "Employees
have an intuition that a boss would react negatively to an attempt to
profit from her good mood."

Haas School Conference Explores How to Drive Innovation in Business, Nov. 17

Executives charged with harnessing innovation to grow business will
take part in a rich dialogue with professors who study it at Inside Innovation
2007, an inaugural Haas School of Business conference on November 17.

The all-day event will highlight new Haas faculty research on the role
of innovation in business. Panel sessions will cover a range of topics,
from commercializing new ideas to the intersection of innovation and globalization.
Inside Innovation 2007 celebrates the 50th anniversary of California
Management Review, the Haas School's peer-reviewed practitioner journal.

The conference is presented by Accenture and is also sponsored by Deloitte.
Its organizers include the Haas School's California Management Review,
the Management of Technology Program, and the newly established Institute
for Business Innovation.

Berkeley-Columbia Ranked in Financial Times for the First Time

The Berkeley-Columbia Executive MBA Program ranked #18 among programs
worldwide in the first ranking of executive programs the school has participated.
Among US-based executive MBA programs offered in the US, the Berkeley-Columbia
program ranked #5.

The Berkeley-Columbia program was ranked the program #7 by alumni in
terms of having achieved their aims, and #8 in terms of faculty research.

The Financial Times ranking is based in part on data provided by participating
schools. About 50% of the ranking is based on a survey of alumni from
the Class of 2004.

Faculty News

James Wilcox Receives Economics Award for Paper on Forecasting
Consumption

Professor James Wilcox received the 2007 Edmund A. Mennis Contributed
Paper Award from the National Association for Business and Economics (NABE)
at its 49th Annual Meeting in San Francisco in September.

Wilcox, the Kruttschnitt Family Professor of Financial Institutions,
won the award for his working paper titled "Forecasting Components
of Consumption with Components of Consumer Sentiment." Wilcox presented
the paper at NABE's annual meeting, and NABE will publish the paper in
its quarterly journal, Business Economics.

In the paper, Wilcox presents new evidence that long-available, but
long-ignored, measures of consumer sentiment can reduce errors in forecasting
total consumption and its components and thus improve forecasts of expenditures
on durable goods and nondurables and services.

Haas in the News

Severin Borenstein, the E.T. Grether Professor in Public Policy and
Business Administration, was quoted in an October 16 KCBS story titled "Gas
Prices Climb as Crude Soars," about recent gas price hikes. For
the full story: http://www.kcbs.com/pages/1097566.php.

Kellie McElhaney, executive director of the Center for Responsible Business,
was mentioned in an October 13 Napa Valley Register article titled "All
business is global" about the impact of globalization on businesses.

Happening at Haas

PLAY - THE BERKELEY DIGITAL MEDIA CONFERENCE
"Current and Emerging Intersections"
Saturday, October 27
8:00 a.m. to 7:00 p.m.
Haas School
The play conference explores how technologies and ideas are coming
together from disparate fields and functions to create new business
models.
For full schedule and other information, visit http://www.playconference.org/index.html.
To register, visit http://play2007.eventbrite.com.

SEOUL ALUMNI - California Wine Tasting
Wednesday, October 24
7:00 p.m to 10:00 p.m.
Once In A Blue Moon
85-1 Chungdam-dong
Kangnamgu
Seoul
Seoul alumni are cordially invited by the Office of the President and
the California Wine Institute to attend a California wine tasting.
To RSVP, email events@ucop.edu.

HONG KONG HAAS ALUMNI - Luncheon with Claudo Fernandes-Araoz
Wednesday, October 31
12:30 p.m. to 2:15 p.m.
China Club
Hong Kong
Haas alumni are cordially invited to a luncheon where Claudio Fernandez-Araoz,
the author of Great People Decisions: Why They Matter So Much, Why They
Are so Hard, and How You Can Master Them, will be speaking about his new
book.
To RSVP, email Ameila Kwok at Amelia.kwok@ezi.net.

BOALT LUNCHEON SPEAKER SERIES
"How to Succeed in the California Land Use Wars - Sixteen Years
and 1,600 Acres"
William Falik, Westpark Associates
Tuesday, October 23
12:40 p.m. to 1:40 p.m.
For more information and to RSVP, contact BCLBE@law.berkeley.edu or
call Phyllis Martinez at 510-642-0532.

BERKELEY ENTREPRENEURS FORUM
"New Opportunities for Health and Wellness"
Thursday, October 25
6:30 p.m. to 8:30 p.m.
Arthur Andersen Auditorium
The CEO and founders of Pharmaca and Dreamerz will participate in a
lively discussion about how to start and grow companies in the packaged
consumer product market and what drives the introduction of new and successful
products in this market.
To register, visit http://www.acteva.com/booking.cfm?bevaID=144459&CFID=6882949&CFTOKEN=67716940

OTHER EVENTS
Updating Your Resume
Thursday, November 1
7:00 p.m. to 8:00 p.m.
Haas School
Explore the latest trends in resumes for mid- to senior level professionals.
For more information and to register, please visit http://www.acteva.com/booking.cfm?bevaid=145106.

The Haas NewsWire is the bi-monthly electronic news publication for the Haas community published every Monday by the Marketing and Communications Office at the Haas School. Send your news, feedback, and suggestions to haasnews@haas.berkeley.edu.